This former church building (duplex and/or single family home) offers a very spacious owner occupied rear unit (with 5 bedrooms, kitchen, dining room, living room, laundry, pantry and 3 pc bathroom plus a large patio area) and a front unit with 6 large bedrooms, currently rented, with each bedroom having its own 2 pc washroom (5 rooms @ $700/month and 1 room @ $630/month on next increase). Tenants in the front unit share a kitchen, living room and 3 pc bathroom with shower. The rear owners unit could be rented for an additional $3,000 or more a month. Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp updated electric service. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented or he can vacate on closing if the buyer wishes. Current rental income $46,240 (in the front unit only) with expenses of property taxes $2930, hydro $4870, gas $3760, rental water heater $540, water $2530. Buyer can live in the beautiful and spacious rear owners unit and let the tenants in the front unit pay the bills including the mortgage!
Details
X12932406
2
$599,000
Owner+Tenant
None
2 + 2
1 Storey/Apt
11
8
2500-3000 Sqft
N/A Acres
100+
Detached
Sale
Additional details
Forced Air / Gas
RL2, CC2
$3119
2025
LTS 45 & 46, PL 949; PT LANE, PL 949 (CLOSED BY BL126); PT LT 44 PL 949 PTS 1 & 2 59R8268 , TOG WITH AN EASEMENT OVER PT LT 44, PL 949 DESIGN. AS PT 3 59R8268, AS SET OUT IN RO754816 ; WELLAND
N/A
N
Crawl Space
Central Air
Patio
Municipal
Rooms
Level
x
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FAQ
What is the total square footage of the X12932406 - 215 Broadway Avenue, Welland, ON L3C 5L7?
The total square footage of this property is 2500-3000 SqFt.
What schools near to X12932406 - 215 Broadway Avenue, Welland, ON L3C 5L7?